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capital gain on jewellery

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(Querist)
04 July 2010 One of my H.U.F. client sold some jewellery in f.y. 2009-10 for Rs. 600,000 aprox 500 gm., which purchase by the firm time to time from 1998 to 2005 as per record available value of purchase available but weight not available,

so please provide the procedure of calcaulate long term capital gain
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CA SURENDRA KUMAR RAKHECHA

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CA SURENDRA KUMAR RAKHECHA (Expert)
05 July 2010 Yearwise gold prices can be received either from Ready Reckoner or any other source.
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Akhil Agrawal

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Akhil Agrawal (Expert)
05 July 2010 so Mr Surender u want to say that we should use the gold prices of 31st march of the purchase years.bcoz in ready reckoner rates are provided of 31st march
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